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KO / Coca-Cola's stock is suffering its worst day in 17 months as concerns over consumer spending grows

Shares of Coca-Cola Co. KO, -4.22% were suffering their worst day in 17 months Thursday, amid a broad selloff in their consumer-staples peers and the broader stock market, amid growing fears that high interest rates and a slowing job market will derail the U.S. economy. The beverage giant's stock slumped 4.1% in afternoon trading, enough to lead the Dow Jones Industrial Average's DJIA, -0.00% losers. Read More

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Content Topics

Coca

Cola

Stock

Suffering

Worst

Months

Concerns

Over

Coca cola s

Consumer

Spending

KO

Posted: Oct 5 2023, 13:55

Author Name: Market Watch

KO News

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